1861 NW S RIVER DR 702, Miami, FL 33125

Parcel: 0131341240360 · Residential · Condominium - Residential · Zoning: 4602

Assessed Value (2025)
$224,434

Property Details

Beds
1
Baths
1
Living Sqft
670
Year Built
2010
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$165,800
2013-11-21
AP WP TERRAZAS LLCTERRAZAS OWNER LLC
2
$269,500+63%
2014-09-29
TERRAZAS OWNER LLCANITA M DE MELLO CHAVES DE ARAGAO
3
$185,000-31%
2021-06-23
ANITA M DE MELLO CHAVES DE ARAGAOREINIER LAWRENCE

Tax Assessment History

$224,434
Assessed (2025)
$248,383
Market Value
$224,434
Taxable Value
$4,569
Annual Tax
2024
$204,031
$236,555
2025
$224,434
$248,383
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $224,434 $248,383 $224,434 $4,569
2024 $204,031 $236,555 $204,031 $4,154

About 1861 NW S RIVER DR 702, Miami, FL 33125

1861 NW S RIVER DR 702, Miami, FL 33125 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2010 with 670 square feet of living space. The property is currently owned by REINIER LAWRENCE AMY LAWRENCE, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-06-23 for $185,000, when ANITA M DE MELLO CHAVES DE ARAGAO sold to REINIER LAWRENCE. The property sold for $84,500 less than the prior sale of $269,500 on 2014-09-29. There are 3 recorded sales for this property.

The 2025 assessed value is $224,434 with a market value of $248,383. The assessed value increased 10% from $204,031 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk.

Flood insurance is typically not required for properties in Zone X. The median household income in this area is $32,917, and the median home value is $546,900. The population density is 13,859 people per square mile.

1861 NW S RIVER DR 702, Miami, FL 33125 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2013 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 121% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $276 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

REINIER LAWRENCE AMY LAWRENCE
172 VALOIS BLVD, KEY LARGO, FL, 33037
Since: 2026-04-19
View owner profile →

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$32,917
Median Home Value$546,900
Pop. Density13,859/sq mi

Neighborhood 33125

39.7%
Owner-Occ
60.3%
Investor
180
Flips (4yr)
6,726
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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